Article preview
Coping Collectively with the COVID-19 Crisis
Bob Wessels, Emeritus Professor of International Insolvency Law, Leiden University, the NetherlandsSynopsis
This editorial is a call to practitioners, scholars and regulators to adopt an agenda for future research, and a call to global financial institutions to fund and further such research. The topic is one we have all come to understand wherever we are, walking at a physical distance from our fellow citizens, no beer with friends on a terrace, no movies, and working at home. The aim: to establish predictable frameworks for emergency situations. In this contribution related to restructuring and insolvency matters a call is made for substantial research into a sharp legal response to extraordinary situations (such as the corona pandemic), for a mirrortype of framework on how to go back in an orderly way to an 'ordinary' situation (post-corona) and for dealing with fraudsters, misusing the sheer unlimited liquidity governments have unconditionally infused into our economies.
Copyright 2006 Chase Cambria Company (Publishing) Limited. All rights reserved.